Morgan Stanley IQ harnesses volatility for new SP launches

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Morgan Stanley IQ is launching two structured products which are designed for volatile equity markets.

The FTSE Income plan delivers 7.5% for each year of its six years regardless of the direction of the FTSE 100 Index. In addition to income payments, investors will receive the full return of their initial investment as long as the official closing level of the FTSE 100 level is not 50% or more below the initial level of the index on any day during the term of the investment. Otherwise, capital is at risk. Meanwhile, the FTSE Bonus Growth plan offers potential returns of 57% (9.5% per year for six years) plus the return of their initial investment. If the FTSE 100 level on each annu...

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